Eric Mitchell Real Estate

How the Coronavirus Is Impacting Luxury Real Estate While the health of our family and friends is the top priority right now, there are many who are justifiably concerned with how the global pandemic is, and will continue to, impact the luxury real estate market. As one of the largest and most important assets in an individual’s portfolio, it’s necessary to understand how this crisis will affect the value of your home. While the situation is rapidly evolving, here are a few key takeaways to help keep you informed at this point in time.  Uncertainty Looms Large As is currently the case with the financial markets, and the economy as a whole, uncertainty is the key word right now. There are those who forecast a quick economic bounce back and those who see a drawn out recovery, but the reality is that no one can say for sure because this crisis is unprecedented. For the time being, a wait-and-see approach is the safest way to go. Short Term Implications In the short term, i...

4 Ways to Be Happier (It’s Not What You Think!) If you think more money and grander achievements are among the things that will make you happier in life, guess again. According to Professor Laurie Santos - who developed and teaches the most popular class in the history of Yale University, “Psychology and the Good Life” - the habits that lead to true well-being run counter to what most people believe would make one happy, such as the accumulation of luxurious material possessions. So what does make us happy? Here are just a few of the simple practices that when done regularly, exponentially increase our health and well-being: Sleep.  Often overlooked and passed by in our productivity-focused society, sleep deprivation is a serious trigger for anxiety and depression. When Santos’ students traded all-night study sessions for eight hours of sleep, not only did their well-being increase, so did their grades. Exercise . Instead of quizzes, Santos requires students to parti...